Market News Top 10 News RBI Raises Repo Rate by 50 bps to 5.4% – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: RBI raises repo rate by 50 bps to 5.4% The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has raised the repo rate by 50 basis points to 5.4% to bring down inflation in the country. “The MPC also […] Written by Cherian Varghese August 5, 2022August 5, 2022
Market News Top 10 News Akasa Air Gets DGCA License to Fly – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: Akasa Air gets airline license from DGCA Ace investor Rakesh Jhunjhunwala’s Akasa Air has received the Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA). The grant of the AOC marks the satisfactory completion of all regulatory and compliance […] Written by Cherian Varghese July 7, 2022July 7, 2022
Editorial What’s Happening at Yes Bank? Scandal-ridden Yes Bank has been all over the news lately. It has initiated the process to form a new Board of Directors. The private sector bank seeks to exit from the reconstruction scheme devised for its rescue in 2020. It has reported a positive momentum in overall business and even claimed to regain the trust […] Written by Cherian Varghese June 14, 2022June 14, 2022
Market News Top 10 News Divi’s Labs Reports 78% YoY Rise in Net Profit in Q4 – Top Indian Market News Divi’s Labs Q4 Results: Net profit rises 78% YoY to Rs 895 crore Divi’s Laboratories Ltd reported a 78.2% YoY increase in consolidated net profit to Rs 894.64 crore for the quarter ended March (Q4 FY22). Its revenue from operations rose 40.83% YoY to Rs 2,518.44 crore during the same period. EBITDA stood at Rs […] Written by marketfeed Team May 23, 2022May 24, 2022
Market News Top Crypto News RBI Says Cryptos Could Lead to “Dollarization” of Economy – Top Crypto News RBI says cryptos could lead to “dollarization” of economy: Report Cryptocurrencies can lead to “dollarization” of a part of the economy and this could be against the country’s sovereign interest, said top officials of the Reserve Bank of India (RBI). Amid the crypto crash last week, RBI officials said cryptos have the potential to become […] Written by marketfeed Team May 16, 2022May 16, 2022
Editorial RBI Monetary Policy Committee Meeting: Major Highlights The Reserve Bank of India’s six-member Monetary Policy Committee (MPC) held its first meeting of the new financial year (FY23). Here are the key takeaways from RBI Governor Shaktikantha Das’ conference held today: The MPC has decided to keep the repo rate unchanged at 4% for the eleventh consecutive time. Repo rate is the interest […] Written by Cherian Varghese April 8, 2022August 1, 2022
Market News Top 10 News JSW Steel Output Grows 21% YoY in Feb – Top Indian Market News JSW Steel output rises 21% YoY to 1.58 MT in Feb JSW Steel Ltd registered a 21% year-on-year (YoY) increase in crude steel production to 1.58 million tonnes (MT) for February 2022. The JSW Group firm’s steel output stood at 1.31 MT in February 2021. The company’s production of flat-rolled products rose 25% to 1.15 […] Written by marketfeed Team March 8, 2022April 21, 2022
Editorial What Led to the 23% Fall in RBL Bank? Investors of RBL Bank faced a tough day in the markets on Monday as shares fell up to 23% intraday. Shareholders were left confused by a series of developments that took place over the weekend. In this article, we dive into the events that transpired and what lies ahead for the bank. The Story During […] Written by marketfeed Team December 28, 2021April 21, 2022
Market News Top 10 News Tata Wins Bid to Buy Air India For Rs 18,000 crore – Top Indian Market News Tata wins bid to buy Air India for Rs 18,000 crore The Centre has declared Tata Group as the winning bidder for debt-laden national carrier Air India. Tata will pay Rs 18,000 crore to acquire Air India from the government, of which 15% would go to the Centre and the rest will go towards clearing […] Written by marketfeed Team October 8, 2021April 21, 2022
Market News Top 10 News Taliban Disrupts India-Afghanistan Trade – Top Indian Market News Taliban Halts India-Afghanistan Trade Federation of Indian Export Organisation (FIEO) has said that the Taliban has disrupted its import-export with India. Afghanistan’s trade with India takes place through a transit route in Pakistan. Since the Taliban has stopped the movement of cargo across Pakistan, it means that trade with India also stands disrupted. According to […] Written by marketfeed Team August 19, 2021April 21, 2022
Editorial The Great Indian Stock Market Bubble The Indian stock market is in a bubble. Markets crashed frightfully in March 2020 in a matter of days due to Covid-induced lockdowns that were imposed around the world. However, things escalated quickly when SENSEX and NIFTY, the two important benchmark indices, hit their all-time high in less than a year’s time. When one looks […] Written by marketfeed Team July 30, 2021April 21, 2022
Market News Top 10 News Bank NPAs Could Rise To 9.8% in March 2022, says RBI – Top Indian Market News Bank NPAs could rise to 9.8% in March 2022, says RBI The Reserve Bank of India (RBI) has said in its Financial Stability Report that Non-Performing Assets (NPA) at Scheduled Commercial Banks (SCBs) could rise to anywhere between 9.8% to 11.2% by March 2022. The Gross NPA ratio for SCBs stood at 7.4% in March […] Written by marketfeed Team July 2, 2021April 21, 2022
An Analysis of India’s Green Hydrogen Industry India has announced plans to de-carbonize within the next 30 years. The government has taken strategic decisions to reduce the reliance on fossil fuels and cut down costly imports. Our country’s target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022 has received a significant boost through new policies. As part of these […] Written by Cherian Varghese July 1, 2022July 2, 2022
Why RBL Bank’s Share Price is Down 60% this Year? RBL Bank’s share price has tanked by nearly 60% in a year and ~30% in the second week of June! The bank’s top-level management, financials, and asset quality are being questioned. In this piece, we figure out what led to the price crash and if India’s central bank could possibly recover RBL Bank’s damaged share […] Written by Maarg Vaidya June 28, 2022June 28, 2022
What’s Happening at Yes Bank? Scandal-ridden Yes Bank has been all over the news lately. It has initiated the process to form a new Board of Directors. The private sector bank seeks to exit from the reconstruction scheme devised for its rescue in 2020. It has reported a positive momentum in overall business and even claimed to regain the trust […] Written by Cherian Varghese June 14, 2022June 14, 2022
